The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ankit Anil Somani & Akshay Somani
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Promoters Ankit Anil Somani and Akshay Anilbhai Somani sold 90,000 equity shares (0.74%) of Shubham Polyspin Ltd through an open market sale on 19 June 2025. Their combined holding came down from 56,35,400 shares (46.49%) to 55,45,400 shares (45.75%). The overall promoter and promoter group shareholding in the company after this sale stands at 86,32,000 equity shares, carrying 71.21% voting rights. No encumbrance (pledge) details were reported in this disclosure.
This is a small promoter sell-off of under 1% and is unlikely to materially impact the stock. The promoter group still holds a strong majority at 71.21%, so overall promoter control and conviction remain intact. Retail investors should view this as routine profit-booking rather than a negative signal.